8 Books To Read If You Want To Succeed In Business

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8Books to Read If You Want to Succeed in Business

Luckily the ones that have already succeeded have gone ahead and codified their thoughts and processes for the rest of us. Learn the skills and mindsets they’ve employed to great effect by reading these 8 business books.

The 4 Hour Work Week, by Tim Ferriss, is a game-changer for solo entrepreneurs. This book made it trendy to quit your job and start a business on your own and while a few might see it as fad-ish there’s plenty of wisdom to be unlocked within. Whether it’s the rule of always trying to replace yourself, outsourcing work, or following the 80/20 principle, this book has something to teach you.

The recent Motley Fool stocks picks, even with this COVID crisis, are STILL performing well and beating the SP500! Here are some of their most recent picks and their performance:

Shopify (SHOP) – April 2, 2020 pick and it is already up 90%

Zoom Video (ZM) – March 19, 2020 pick and it is already up 16%

DexCom (DXCM) picked Feb 20, 2020 right before the market crashed and it is still up 17%

Tesla (TSLA) picked January 2, 2020 before the crash and it is up 77% compared to the SP500 -12% so it is ahead of the market by 89%

HubSpot (HUBS) picked December 5, 2019 and it is up 4%

Netflix (NFLX) picked November 21, 2019 and it is up 37%

Trade Desk (TTD) picked November 11, 2019 and up 50%

Zoom Video originally picked Oct 3 and it is up 87%

SolarEdge (SEDG) picked September 19, 2019 and it is up 20%

Zoom was also picked October 3, 2019 and it is up 95% since then.

The average stock they've recommended is up a life-changing 346% - more than 4X the return of the S&P 500 !
Now, no one can guarantee that every pick in Stock Advisor will have the same mind-blowing returns as Netflix and Disney. But you sure don't want to risk missing out.

Another book that focuses more on mindset. Written by Napoleon Hill in the 1930s, this book is the outcome of the study of many extremely wealthy people. The message: your thoughts create your reality and if you control your thoughts, then anything is possible.

Peter Thiel makes his appearance on this list with “Zero to One”. Based on a set of notes on a class that Peter Thiel taught at Stanford, maybe the most important lesson this book offers is it’s reflection on the importance of monopoly to business success.

This book, combined with Zero to One should be mandatory reading for anyone thinking about starting a business. The Lean Start-up will help you crystallize your vision, and save you time and money along the way.

While not strictly a business book, this weighty tome by Ben Graham is required reading for any business magnate. The value investing mindset is one that can be applied to many areas beyond investing in stocks and bonds.

Ever wondered why some businesses succeed and others don’t? Good to Great can answer that question for you, as the author, Jim Collins, goes through the results of a rigorous post-mortem of business success.

Jay Abraham is America’s number 1 business coach, with a lengthy career advising clients across innumerable industries and sectors. He knows what it takes to be successful and if you walk away with anything from his teachings it’s this: be your client’s most trusted advisor. Do that, and you’ve won the war.

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